Don't fool yourself if you think this is a good thing. Yes they will be the largest consumer market, however how does that help the US? Many economists already believe that there will be a trade deficit where they will export more than import.

Many US companies already are setting up factories in China to sell directly in that country. How does this help the US ecomomy? It is more probable that over time the same mfg facility in the US will shut down as the company will re-invest profits in the overseas facility and just import the parts for the US market.

Case in point: who developed the computer first, and where are the parts being made now?

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W210 M104.995 Color 339/205
Say What You Mean, Do What You Say

Good point but this is a false economy. We as consumers are benefiting from the lower cost goods but we lose out the hundreds of jobs that were eliminated or never became reality. Without the jobs, you cannot sustain just a consumer only society.

Companies that blame unions for factories closing in the US are taking the easy way out. If they deal with the 'people' fairly then it can work. Why did MB start up the plant for MLs in the US instead of Mexico where the labor cost would be lower?

The one good thing about opening up the market and providing 'Most Favored Nation' trading status with China is that eventally there will be enough pressure to make the overseas facilities conform to a certain level of standards (working conditions, pay, etc). It may never reach NA standards but it is a start.

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W210 M104.995 Color 339/205
Say What You Mean, Do What You Say

Dave,

Your teacher seems to have a thing about sending American jobs overseas. One wonders why? The world's largest military buildup is in China. Their generals have admitted that their nuclear missiles are aimed at Los Angeles. The recent translation of their book on assymetrical warfare is specifically aimed at America.

Their military corporations continue to market missile and nuclear technology to countires such as Iran, Irag and North Korea.

Their recent purchase of two more Russian missile destroyers with nuclear tipped "Sunburn" antiship missiles specifically designed to destroy American Aircraft carrier groups should give us pause when we go to purchase our next Chinese toy.

Then there's their takeover of both ports controlling the Panama Canal plus moving into Panama of more than 200,000 Chinese. Is there any wonder that the strength of terroists is up dramatically in Columbia and Venezuela. Several Panamainian groups are requesting the return of American troops.

Couple these two Panamanian container ports with the Chinese container port in either Jamaca or The Bahamas (Can't recall which it is.), consider how many medium range missiles, targeted at the U.S., that could be placed inside 40" cargo containers and one has to wonder just how many more dolls and toys we need to buy.

Oh! let's not forget the six cargo containers intercepted in San Francisco, during the Clinton administrations, destined for Mexico and L.A. street gangs loaded with AK-47 and mortars. Customs admitted that they'd missed many of the same company's earlier shipments.

Then there were the chinese journalists being escorted through the U.S. during the 9/11 disaster, in front of their American escorts, they cheered, high fived each other while watching the aircraft smash into the buildings.

Couple these few examples with the lamentable non-performance of our "Intelligence" agencies and the national press reluctance to cover most of these happenings in detail and it would certainly give a person concern.

The world has been lucky in the past in that the nations like Nazi Germany and Japan really didn't have the population base to sustain their early conquest over a long time frame. The world may not be so lucky the next time.

Build jobs and companies here! Insist that the U.S. increase internal oil supplies!

As a fulltime inventor, I can tell you that the technology exists in this country where an individual can develope and manufacture his invention here, easier and cheaper than anywhere else in the world and I enclose the accompanying article as an example. See how two American inventors with only $1,200.00 out of pocket launched their first successful product.

http://home.sprynet.com/~gridge/entrepreneur-com_molded_in_your_image-pg1.htm

I wonder what kind of grade you'd have received if you'd written a paper on why we should limit our trade with China. China isn't going to be a customer, it's going to be the supplier of manufactured goods.

The balance of payments is already negative in respect to us and will only get worse.

Ben

This is great info. I'll be quoting some of you, hope ya'll don't mind.

Ben.....WOW, your information really gets you thinking (and scared), I'm going to look further into this and made some points reguarding what you wrote. This teacher loves controversy and this will hit big with him.

I have to get back to writing, due this Friday. Any new commits are welcome.

Dave

But it's soooo much cheaper from them... :p :p

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W210 M104.995 Color 339/205
Say What You Mean, Do What You Say

Dave,

Glad you liked the few references that I posted. Thought I might be setting off a firestorm. It's very important that you both as a young person and one going into business soon begin to practice a Chinese custom. "Take the long view and remember that today's profit may make tomorrow's chains."

The Tycos, Worldcoms and Enrons should make us all very aware that failure is only one deal away.

Most importantly, you as a young person are going to have to live through the future, therefore it's critically important to keep an eye on the past, another nation's culture and the fact that some societies hold past conflicts, etc. in their cultural minds for hundreds of years.

The Islamic world still views the loss of Spain to the Christians as something that happened yesterday.

One last point on China trade. Due to the cultural desire in China for male descendants there are some 100,000,000 more young men than women. Due also to the government closing many non-profitable manufacturing plants these young men have a pretty desperate future. No jobs and never the chance for a caring member of the opposite sex. These youngmen have effectively been castrated and they probably know it. They also pose a tremendous problem for their own government as they are consequently very hormonally restless. So how does a government, determined to stay in business, solve this critical problem? Maybe they just put them in olive drab uniforms.

Good luck on the future!!

Ben

we should trade with China because they blackmail us economically, plus they have already coupled the ballistic missile technology Clinton authorized to be sold to them with the nuclear secrets they stole (remember that scandal-under Clinton?), and like several people pointed out (indirectly) they can do unto us what Soviet Union failed to do in their 80-some years of existance. In other words, they hold gun to our heads and we don't like playing Russian roulette.

What economical blackmail?You ask. Well, Remember the US national debt??? Who do you think holds all of these IOU's?

__________________
1985 190D 2.2l Sold-to Brother-in-law
1996 Mustang 3.8l -"thinks it's a sports car"
1988 Grand Wagoneer - Sold (good home)
1995 Grand Cherokee Ltd -"What was I thinking??!!"